Even The New York Times Gets Investment Facts Wrong Sometimes

Published Friday, July 6, 2018 at: 7:00 AM EDT

Even the old gray lady, The New York Times, sometimes sensationalizes financial news.At a time when facts are under assault, The New York Times must be held to account for incorrectly asserting that the yield curve was - quote - perilously close to predicting a recession.The yield curve is not even close to predicting a recession! The yield curve, a byproduct of Alexander Hamilton's financial system for managing the U.S. economy, is the key lever of the national bank, the U.S. Federal Reserve, for stimulating or slowing growth of the economy. The yield curve is generally defined as the...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

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